Bitcoin Dominance Index just lost 50MA support and seems to be heading lower, that would be a nice relief for Altcoin.
Current Price= 1205.1
Sell Entry= 1209.2 - 1228.8
Take Profit= 1162.2 | 1131.3 | 1101.2
Stop Loss= 1262.7
Risk/Reward= 1:1.3 | 1:2 | 1:2.7
Expected Profit= +18.64% | +28.76% | +38.64%
Possible Loss= -14.32%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 4x
Estimated Gain-time= 5 weeks
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
binance.com/en/support/faq/e3b1ab97a3e24df4b0e41a469ccf7a21
binance.com/en/futures/funding-history/3?contract=BTCDOMUSDT
tradingview.com/markets/cryptocurrencies/global-charts/
Current Price= 1205.1
Sell Entry= 1209.2 - 1228.8
Take Profit= 1162.2 | 1131.3 | 1101.2
Stop Loss= 1262.7
Risk/Reward= 1:1.3 | 1:2 | 1:2.7
Expected Profit= +18.64% | +28.76% | +38.64%
Possible Loss= -14.32%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 4x
Estimated Gain-time= 5 weeks
Tags: #BTCDOM #BTCDOMUSDT #BTCD #BitcoinDominance #Index #Futures #Derivatives #Dominance
binance.com/en/support/faq/e3b1ab97a3e24df4b0e41a469ccf7a21
binance.com/en/futures/funding-history/3?contract=BTCDOMUSDT
tradingview.com/markets/cryptocurrencies/global-charts/
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